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1. Contract law a proposal made by one person that will create a binding contract if accepted unconditionally by the person to whom it is made
2. on offer for sale at a reduced price



a proposal to conclude a civil law contract that contains all the essential conditions of the contract. The offer may be made to a specific person or to an indefinite number of people, for example, a public offer placing an item with a marked price in a store window. The offer may be in oral or written form and may or may not specify a time limit for the answer (acceptance).

Under Soviet law, a contract based on an oral offer without a time limit for the answer is considered concluded if the other party immediately (including by telephone) accepts the offer. If such an offer is made in written form, the contract is considered concluded when the answer accepting the offer is received during the time normally necessary for acceptance. Under the law, an acceptance on conditions different from those offered is considered both a rejection of the offer and a new offer (for example, the Civil Code of the RSFSR, art. 165). Disagreements that arise during the conclusion of contracts among state, cooperative (with the exception of kolkhozes and interkolkhoz organizations), and other public organizations are normally resolved by arbitration agencies.

References in classic literature ?
to be sure," cried Emma, "it is always incomprehensible to a man that a woman should ever refuse an offer of marriage.
That is the future which my gratitude to their father and mother, and my love for themselves, now offers to them.
I should rob my family,' he said, 'if I was to offer ninepence for it.
But Masilo offers fifty head only, therefore I ask you to settle it.
Not the reign of your vainly-expected Messiah offers such power to your dispersed tribes as my ambition may aim at.
Socialism offers you something already, you see; a good use for your hitherto useless title.
The author's offers to serve the emperor in his wars.
Here is a young fellow that offers to marry his daughter for $30,000--half price, as one may say-- and he talks about covering every cent he lays down with one of my own.
There were several schemes for getting hold of this paper and that, and there were offers that came to nothing.
To whom the Tempter, impudent, replied:-- "I see all offers made by me how slight Thou valuest, because offered, and reject'st.
I don't believe there is arrow young gentleman in this county, or in the next to it, that if your la'ship was but to look as if you had a mind to him, would not come about to make his offers directly.
Ay, if kind offers and good wishes could have done the thing, I might have been a congress man, or perhaps a governor, years agone.